₦airaland Forum

emmanuelewumi:
Team average down

Loooooool

.....To see the end of the well....

onegentleguy:
An assets growth indicators(NPM, OCF margin, EBITDA margin, PEG, ROE, EM, RoIC, AER, CGPR etc) does not tell the whole story bro !!
WAPCO @ the current mkt price is even better off than the 2 other coys u mentioned in many of those indicators. ...particularly BUA.

That coy is a giveaway at the present mkt peg !!
Sincerely ur FVE of N18 is to say the least quite conservative.

Btw, on why their H1 report came better than expected, i'll suggest u do an in-depth review of the coys statement of CF and observe how the Nos reflected in their BS.
...in between, the NTS will do u some good.

Again, WAPCO is a strong BUY.
...HOLD !!

Regards

Rightly said Sir....

currentprice:
investors doesn't profit on company past growth investors are worry about wapco future growth, as it stand below 10 @ 9% at the moment while BUA is above 10% and DC above 20%

although am still yet to understand how wapco Q2 comes better than last year Q2 despite lock down btw match to june

not withstanding based on latest report, wapco fp stand @N18. it could move to close N40 if the current result is real and they can repeat same result at the 2nd part of the year.

@ current price wapco is a buy. the more the price fall the more attractive it is

We keep buying as prices come down....

Mercydecy:
Thank you very much for the response sir.
Please, how do i start and what are the documents i need to submit and how should I write my introductory letter

Who is inviting you and your mum for the visit in the UK?

rebekah2011:
people should thread UPL with caution. The coy makes money in Q2 (July - September). Other 3 quarters are losses. COVID-19 will seriously affect the company in 2020/21. Although the Full year 2019/2020 will come with lower profit than last year. Dividend of 10k or bonus is likely but 2020/2021 will be disappointing.

I think UPL should start thinking how to grow funds in this new era....post pandemic season

Mcy56:
Lol. Typical of Nsempas. Always waiting for blame game .......but when "the going is going good", you wouldn't hear anything neither will they acknowledge/appreciate the person that recommend the stock.......well, except maybe very few, rare few.
It's well.

Madam, do you like e-Nkwobi?

seyewest:
And pay another money?

Yes Sir

OgogoroFreak:
It still happens till this generation. Its not a past generation thing, it's an individual thing.

Exactly....

DexterousOne:
I'm taking a bet
That Zenith will go on a rally in the coming weeks...

That what my gut instinct is telling me

It should not go on a ride upwards

Some people are still buying Zenith and WAPCO

Philantropists:
I intend to earn interests from Nigeria due to interest rates in my location is 0.4% with a limit of $25,000 with most financial institutions and they require declaring the capital investments at the end of every tax year which is not good.

As you said, naira is unstable. Maybe its best to hold the foreign currency until there is stability in the market. Every foreign currency i convert to naira stays in naira or put back in naira real estate/business.

Better approach Sir.....

aremso:
that is it if i must play long time i must buy foundamentally sound stocks and go to sleep just be checking if those foundamentals are there. Imagine if i have 2m units of zenith bought at 10.70 do i need to disturb my braing again as those foundamentals are still standing？ no be just to be enjoying dividend till FPI will jack it up for me then i take a bow to reenter later！ Good dividends sweet pass house rent sef

Loooooool

Why is it sweater at the bold statement?

meine:
Bros, make I con follow you drink palmie o, your own don better . Your village People no fit catch you again.

Loooooool

He has entered into REST. ......Imagine him selling GTB at N40 in 3years time?

RabbiDoracle:


Wells Fargo don get comma since. Don't be surprised that it can get taken over by other big banks.

The next global fall will be on everything priced in USD. US equities, gold, bitcoin, house, oil. It could be sharp, fast and furious. Or where it unveils in slow motion, then it will really last many quarters. Others will just be contagion effect. So leave Buffett.

Was he not the person buying back Berkshire Class A stocks and sending it to $316,000? Selling Bank of America in March 2020 and buying back as it is rising in his June filing to SEC. His class A stock will still sell for less than $200,000 soon. I will see if he won't buy them back again.

He could have bought gold the same time you bought and be sitting on huge gains.

What is happening in gold is to fan the herds to move in. The bust started last week. As the herds file in, they exit. The old baba seems to be giving his wealth back to the society(philanthropy) in this form.

Mind you, gold needs to fall to a point then it will stage a comeback. We have entered into a period of volatility in all asset classes.

My first point of call is $1,300+

Ahhh

Below the 52 weeks low?

Monmarri:
pls dear house what time does TLS allows people to come & pick up their visa documents

Working hours....they should send you a mail......go with it and the paper given to you during after your biometrics for passport collection

ugosimba:
Good Evening All,

I submitted my application in March got a survey questionnaire in April (but was skeptical in answering the questions) lockdown took over, after lockdown no response from Tls as to status update.
I went today for collection of passport, Visa approved after 10 years UK ban.

I have benefitted from nairaland alot, since 2014 especially in the US section.

My candid advice is to read from scratch, take notes, learn from others,do the right thing and pray.

Hardwork pays off.

Thank you JESUS � nara ekene mo �

So happy for you.

It pays to do everything about Visa Application yourself than using agents that may spoil your application leading to 10years ban......

Tvegas:
Lol I hope Osita listens to you as he is so engrossed with Phil Towns work.

Osita after you digest Rule#1 , add Rule#2 which says never sleep with your 2 eyes closed while trading the Nigerian stock market. It's a jungle in here.

Loooooool

emmanuelewumi:
In Nigeria, what you get is your own, the company should have dividend reinvestment programme for interested shareholders.

We have a lot of audio earnings with no cash to back them.

50% dividend payout is okay for a company in a growth rate

Very true.

What you get is your own......before they will reinvest it for you and one Wizkid CEO will do you something

PETERiCHY:
If you put such EFFORT in doing DANGCEM VALUATION you will DISCOVER that it doesn't WORTH N50.

In 2007 DANGOTE bought BENUE CEMENT that was trading at N4 did his ABRACADABRA, renamed it DANGOTE CEMENT and enlisted @ N135 per share.

10years down the lane DANGCEM is still trading at circa N135 couple with countless DEVALUATIONS that has taken place within that period.

CAN'T you SEE that ALHAJI is playing LONG TENNIS with his SHARESHOLDERS DESTINY


BARGAIN HUNTERS TAKE NOTE!

Sir PeterRichie,


#Calm down for Alhaji.....he knows how to make his shareholders smile always.

Many shareholders with Alhaji will tell you they have never go wrong with all Alhaji quoted companies in NSE...

Remember......Follow The Money.

Rember we are waiting for Dangote Refinery Plc to be enlisted by mid-2022.....hope you will join us.

Hahahahaha

onegentleguy:
Again, my basis for investing in UACN was'n't just about the now non-existent unbundling. ...I stated this much in the past when I mentioned that the unbundling(if and when it occurs) can only serve as an added bonus to what is already an asset with immense value proposition.

U can dig up and read my several past analysis and post on UACN.
Otherwise, pls leave UACN and align with other coys. ...there sure are plenty of coys to permute from within the 'NSE room'

Obviously, there are a a few items I would've shed more light on, but I won't do that.
I want the naysayers to continue, so they can help us accumulate more.
Its not the 1st time we're seeing doubting Thomas', and it probably won't be the last.
In the end, we'll see who'd have the last laugh.

Let me reiterate that if u bought into UACN on a speculative motive, pls SELL OFF ur stake.
...buy something else !!

Btw, I had to look at ur post again to see if its actually from the same person/moniker I use to know.
Was a bit surprised at the uncharacteristically polite manner it was presented.
Well, best if u continue in this path.

Regards

Ok Sir..

Just that many investors are VERY skeptical of the current UACN management....otherwise UACN will be a good bargain if the price comes down more....assuming the current core investors in UPDC turn things around positively or UACN should just sell their remaining stake in UPDC and concentrate in their core mandate.

Am not entering the bus again until I see clearly......let my afolabi units l left there continue to mark my present.

onegentleguy:
U already replied urself, but let me add this line, for the sake of newbies.
The only reason regret and lamentation follows after buying a stock is because;

1) The individual didn't know what they bought. ...put differently, they were only speculating without any sound basis for aligning with their choice asset.
2) The individual had no TRADE SET-UP or INVESTMENT PLAN to back up their move.

This 2 factors applies with both the entry and exit of a coy.

Unfortunately, this was clearly the case here.
Anyone who had done their homework well(with both factors) before choosing to align with any given coy should infact be happy when they see the asset price drop below their initial entry peg.
...because they know its merely offering them an opportunity to increase their stake in the business/asset they believe in for a lower average price.
Otherwise, every other thing would count for nothing.

If u are one such person who didn't know why they bought into UACN, I'll strongly advise u to SELL OFF ur stake in the coy.
...pls put out ur holding(s) and sell them off tomorrow, so those who have good reasons for buying can gradually ACCUMULATE more.
Everybody must not take up a stake in UACN !! ...there are over 100 quoted securities in the NSE.
Buy something else.

Selah

Sir,

The main reason for your analysis was based on the UACN UNBUNDLING and the free stocks UACN will get from UPDC-REIT and UPDC.

Now the UNBUNDLING has been BUNDLED behind closed doors by UACN management, what is the hope of those on UACN bus now?

Just for more clarifications.

NB: I was in the bus at km 7 for long term, but sold at km 9 when the unbundling was looking cloudy to my eyes

Thanks.

meine:
You could have avoided this school fees because the red flags were raised by many here. Even the choirmaster of the UACN mass choir is nowhere to be found . You did well by sticking to your plan on fcmb. Hope is not a good investment strategy at all.

Loooooool

School fee is sweeter when it is paid.....

ahiboilandgas:
chai welcome back some people have been doing plagiarism of your writting patterns.....

Loooooool

emmanuelewumi:
What did he do with the N20 billion raised about 12 years ago ..

He would have done a better job using the money to by FG bought at 14% for 20 years, that would have given him about N2.8 billion as coupon.

He can then decide to share N2 billion to shareholders and then keep N800 million to himself.

That will give an annual dividend of 30k per share.

He squandered N20 billion about 12 years ago and now needs another N27 billion, who does that?

Hmmmmm

This would have been a better investment for him and his shareholders

Loooooool

emmanuelewumi:
But why.


It will be in existence, Private Equity Investors must have paid off their debts made substantial returns on their Investments before they will consider the crumbs for retail Investors

Change of nomenclature......

emmanuelewumi:
How did Private Equity firms like Thermis Capital and others own substantial shares of UACN?..


It happened during the last right offer of UACN. Most shareholders did not take their right because of the dismal performance by the company and her subsidiaries, coupled with the fact that 2 years before last right, the company raised money through right which shareholders did not see any substantial return on their Investments .

Thermis Capital and firms used the right offer to buy into the company to own substantial holding, Stanbic IBTC was the issuing house to the right. The current CEO of the company worked with Stanbic IBTC before he founded Thermis Capital, the private equity firm that is now a major shareholder of UACN

I want to believe that the acquisition was financed by loan, hence asset stripping in order to get quick returns on their Investments.


I never expected core portfolio managers to create wealth for shareholders by creating wealth through efficient management of company.

The attractions are the huge assets of the company that were under utilized which the new corporate raiders are interested in converting to cash, rather than cash flow generating assets.


I hope their is no relationship between the new core owners of this old conglomerate and a former CEO of the company.

Very Apt Sir.

I doubt UACN will be in existence in the next 5years.....

onegentleguy:
No comment my dear !!
On the part in bold, which matter? ...there's no matter oo !!

Divergent views and perspectives is always welcome. ...it's what makes the stock market one of the most dynamic investing environment and broadly determines the mechanics of money flow within it.

I can only advise u to follow ur instinct.

It is well.

But Oga Onegentleguy, you never answer Meine questions on Special Dividend from UACN sell of UPDC and future EPS of UACN from sell of 50% UPDC shares .

Am waiting for your response please

Coolcash1:
WAPCO warming up to take off.

If you are not in this bus then you don't understand stock business.

We are well seated already......waiting for take off.

Who is the last passenger delaying us to km 30?

emmasoft:
Everything has been upgraded. six years is a long time ago.

What has been upgraded now?

Edited: from my stock broking account with Investment-One, Nothing has actually changed, because I just login into my Investment-One Stockbroker Account with small amount I left in my account 6 years ago, I placed to buy a particular stock at price am seeing the offer price in the market, almost 30mins, it has not been executed, unlike what Morgan Capital does within second if your bid price is equals to offer price.

Everything is still manual, not real-time in Investment-One Sir.

You guys should improve please

Justcul:
You can not trade as on Meristem or Morgan capital. upgrade pls

Exactly.

I left I left Investment-One to Morgan Capital over 6 years ago because I couldn't trade live with Investment-One.

Quite poor for their customers if they cannot trade live by themselves like we have in Morgan Capital iTrade even at a lower commission.

LagosismyHome:
Lol at jobless youth

In some way I agree because my brain cannot comprehend why someone will be doing minimum wage for years despite having kpali because me I am a hustler

But two of my bestie is on that table. I have talked, encourage even offered to pay for BA/PM training back then but always on excuses , year in year out they remain on that table and complain all year around how UK is hard . So some people are just the way they are . ... I think not everyone has a hustling spirit

The bolded is the spirit for any youth...my sister.

I also like your name: LagosismyHome.

currentprice:
@oga naturalflow , jamace , leo123, Salvtionone, justcal, ukay2 , coolcash , mercy and other ogas i forget to mention.

i thank u all for asking after cp while away. was very okay i only follow oga Agba go village and they have no network thru out my stay. i met oga mendes911 at the village too

Welcome Sir and happy belated birthday.

So good to see you again here.

I always gain so much from your wealth of knowledge and experience in equity market.

Hope to see Oga Agbalowomeri soon too....

Bamo2020:
Hmmm, I appreciate ur response. God bless u.

Oga Giselle237 has given you everything you need.

Please follow his advice and you will be fine.

All the best Sir.